PSEi down on profit-taking
LOCAL STOCKS slipped on Friday as traders took profits after climbing for two consecutive days.
Stocks up as market awaits US-China trade talks
LOCAL EQUITIES rallied on Thursday, as investors looked to the resumption of talks between the United States and China on their ongoing trade war.
PHL shares rise on investors’ selective buying
SHARES jumped on Wednesday on selective buying of large-cap stocks after investors returned to the market following the Eid’l Adha holiday.
PSE index to consolidate as market looks for leads
THE MAIN INDEX is seen to continue consolidating in the week ahead as investors look for catalysts that could sustain an upward trend in the long run.
Stocks decline anew as investors pocket profits
LOCAL EQUITIES fell on Monday as investors went profit taking ahead of the trading break on Tuesday for the Islam holiday Eid’l Adha.
Shares seen trading sideways in shortened week
THE MAIN INDEX may trade sideways in the week ahead as investors are expected to stay on the sidelines due to the shortened trading week.
Bargain hunt fuels recovery
LOCAL EQUITIES rebounded on Friday, as traders hunted for bargains and as optimism returned amid eased US-China trade tensions.
Shares slump anew as lira’s drop dents sentiment
THE MAIN INDEX slumped on Thursday, ending at the 7,500 level as investor confidence continued to take a hit from the plunge in Turkey’s currency.
PHL stocks rebound as Wall St. ends losing streak
THE LOCAL BOURSE took a breather on Wednesday, recovering after two days of dampened sentiment due to fears of a contagion amid a crisis in Turkey.
Stocks extend decline on lingering uncertainties
STOCKS posted losses on Tuesday amid continued fears of a spillover of the Turkish lira crisis.
PSEi falls as crisis in Turkey sparks contagion fears
THE LOCAL MARKET fell on Monday amid fears of a contagion due to financial volatility in Turkey as it becomes a target of a trade war initiated by the United States.
Shares may decline after inflation, GDP reports
LOCAL SHARES may trek lower in the days head as investors digest inflation and economic growth figures released last week.